Sri Lanka entered 2024–2025 with cautious optimism. After navigating one of the most severe economic crises in its ...

COLOMBO (Reuters) -Sri Lanka is aiming to boost its economic growth to up to 6% in 2026, partly through record government capital expenditure, though delays in passing the budget could drag on its ...

The World Bank has handed Sri Lanka a sharply defined economic reform recipe, a four-pillar blueprint aimed at dragging ...

Despite this, he cautioned that public debt remains above 100% of GDP and debt service absorbs almost half of Government ...

Sri Lanka’s fragile recovery has been derailed by a climate disaster that has devastated tourism, plantations, and basic ...

Sri Lanka, on Friday, marked one of its largest cross-sector pushes for disability-inclusive employment, as more than 100 job-seekers with disabilities connected directly with leading employers at ...

COLOMBO (Reuters) -Sri Lanka's economy will grow by 4.5% this year, the central bank said in a monetary policy report on Friday, despite some risks to the island nation's recovery from U.S. tariffs.

Over the past two decades, Sri Lanka’s economic trajectory has been significantly shaped by assistance from the International Monetary Fund (IMF). Through a series of programs, the IMF has sought to ...

COLOMBO (Reuters) - Sri Lanka's central bank is expected to renew easing of interest rates on Wednesday, with a reduction of a quarter percentage point, as it looks to boost economic growth during the ...

In April 2022, Sri Lanka faced protests over scarcity of essentials, chaotic resignations, a first-ever sovereign debt default and began bailout talks with the IMF. Though improvements have been seen, ...

Sri Lanka’s CCDR warns that climate risks, ranging from heat stress to coastal erosion, threaten to deepen the country’s ...